Asset Allocation
What Is the 10-Year Treasury’s Falling Yield Telling Us?
Not that a slowing economy is ahead, says BCA Research. The answer, it thinks, is ‘more subtle.’
Rising discount rates were not enough to offset markets spooked in October by surging COVID-19 cases.
The UK-based Transportation Railway Scheme is deliberating ways to support the troubled railway pension.
Funding level falls to 95% from 97%.
Total deficit for private sector DB plans shrinks 41% over the past year.
Deficit drops to $247 billion from $275 billion.